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according to which these French liberal economists in the nineteenth century economists understand Bentham's utilitarianism …: they consider that utilitarianism deals with 'utility' but disregards justice. Such an interpretation appears when they …
Persistent link: https://www.econbiz.de/10009367989
We show that it is possible to reconcile the utilitarian and welfarist principles under the requirement of unanimity provided that the set of profiles over which the consensus is attained is rich enough. More precisely, we identify a closedness condition which, if satisfied by a class of...
Persistent link: https://www.econbiz.de/10009325716
Classical utilitarianism, if coupled with standard assumptions such as the expected utility hypothesis and additive …-lived agents, against any intuition of compensation. This paper proposes a remedy to that undesirable property of utilitarianism …
Persistent link: https://www.econbiz.de/10010738941
the populationism of Classical Utilitarianism and the antipopulationism of Average Utilitarianism. We also study the …
Persistent link: https://www.econbiz.de/10010738975
We propose an extension of Harsanyi's Impartial Observer Theorem based on the representation of ignorance as the set of all possible probability distributions over individuals. We obtain a characterization of the observer's preferences that, under our most restrictive conditions, is a convex...
Persistent link: https://www.econbiz.de/10010750385
utilities, where it basically reduces to utilitarianism. In particular, aggregation rules may differ by the relationship between …
Persistent link: https://www.econbiz.de/10011025649
We provide a generalization of Harsanyi (1955)'s aggregation theorem to the case of incomplete preferences at the individual and social level. Individuals and society have possibly incomplete expected utility preferences that are represented by sets of expected utility functions. Under Pareto...
Persistent link: https://www.econbiz.de/10011025731
Harsanyi's axiomatic justification of utilitarianism is extended to a framework with subjective and heterogenous priors …
Persistent link: https://www.econbiz.de/10011025980
We provide a generalization of Harsanyi (1995)'s aggregation theorem to the case of incomplete preferences at the individual and social level. Individuals and society have possibly incomplete expected utility preferences that are represented by sets of expected utility functions. Under Pareto...
Persistent link: https://www.econbiz.de/10011026030
This paper aims at exploring, in a formal way, Bentham's statement that “the pleasure of gaining is not equal to the evil of losing”, which belongs to those aspects of the principle of utility left aside by Jevon's reconstruction. Consequently, the agent's preference order will be viewed as...
Persistent link: https://www.econbiz.de/10008790544